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A consortium of Qatari state-backed investors is preparing to invest up to £5bn in UK and European commercial property, The Telegraph reports.

New research from FundsNetwork suggests offshore bonds are seldom the most tax efficient product for a UK based investor.

French banking giant BNP Paribas has secured a licence to launch a fund management operation in Bahrain.

The number of commercial property loans in default has soared 400% in just 12 months, according to a report due to be published today, The Telegraph reports.

Many of you out there may act and feel younger than you are - and the antics of some at industry bashes would certainly support this assertion - but what about those who really are still young?

A top cast of European statesmen has issued a blistering denunciation of financial markets and called for a creation of a pan-EU body to protect the citizens against the "social risk" posed by modern capitalism, The Telegraph reports.

Morley Fund Management (soon to be renamed Aviva Investors) has linked up with First Taisec to distribute some of its Sicav funds in Taiwan.

Private client investment manager Julius Baer International has appointed a new senior management team to its London office.

Taxpayers' money tied up in Northern Rock is more at risk than first thought, the nationalised lender's chairman, Ron Sandler, has conceded, as the credit crisis threatens to undermine its restructuring, The Telegraph reports.

Citigroup announced plans yesterday to extricate itself completely from new sub-prime lending in Britain, with the loss of up to 700 jobs, The Times reports.